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20120926
20121004
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KCSMMHZ
Oct 3, 2012 6:00am PDT
slowdown in china's economy is taking on a toll on australian exports of iron ore and coal. officials at the australian bureau of stamm sticks announced it rose to $2 billion. looking in detail, exports fell to about $25 billion. that's down around 12% from a year ago in australian dollar terms. imports stood at about $27 billion. that's up 6% from the previous year based on a similar australian dollar comparison. last month the australian government downgraded the estimates of annual exports of iron ore due to the decline and demand from china am. >>> japan's new finance minister is it urging the passage of the >>> a japanese mining company has succeeded in extracting shale oil for the first time in the nation. a technician of the japan petroleum exploration showed black crude oil in a plastic at the oil and gas field in akita prefecture on oil. shale oil is contained in hard rock layers deep underground. engineers started to drill on monday pumping acid 1800 meters into the ground to dissolve the hard bedrock. they will do further studies to find out whether they can prot from produ
KCSMMHZ
Sep 27, 2012 6:00am PDT
. china began accepting foreign investments and moved towards a market-oriented economy. japan began sending aid and loaned over the years. the japanese prime minister had inflamed tensions after he took office in 2001 with annual business to the shrine in tokyo that honored the war dead and war criminals. china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the
KCSMMHZ
Sep 26, 2012 6:00am PDT
. and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be capable of dealing with diplomatic issues. >>> abe comes from a political family. his grandfather was prime minister, too. shinzo abe was the youngest prime minister of the postwar era. he took office at the age of 52. he visited china and south korea during his tenure and tried to improve relations. abe's grandfather nobusuke kishi led japan in the late 1950s. into 1960. his father shintaro abe served as a foreign minister. abe promised to use his experience to revise the constitution and to reform education. so abe has a lot of political know-how and a profile. shery ahn spoke earlier with our senior commentator to f
KCSMMHZ
Oct 2, 2012 6:00am PDT
key interest rate for the third time this year to shore up the economy. the reserve bank of australia is worried about the fallout from slowing growth in the world. the rba decided on tuesday to lower the benchmark rate by 0.25 percentage points to 3.25% effective on wednesday. over the past five mos, it has cut the rate by a total of one percentage point. in a statement, governor glen stevens expressed concerns about the effects of austerity programs in europe and slower growth in china, which is australia's major iron ore importer. he said the country's labor market has softened somewhat and that its growth outlook for next year has become a little weaker. >>> the u.s. federal reserve chief says he'll keep pumping money into the economy. chairman ben bernanke says this round of quantitative easing will continue until he sees an improvement in the job situation. >> we would continue securities purchases and employ other policy tools until the outlook for the job market improves substantially in a context of price stability. >> bernanke said the country's economy is improving but not
KCSMMHZ
Oct 4, 2012 6:00am PDT
, debated the economy, health care, and the role of government. their debate took place in colorado, one of the battleground states that could decide the election next month. nhk world's mami mochizuki reports from denver. >> reporter: this could turn out to be the most scrutinized event in the election. the first televised debate ahead of the november vote. for both candidates, risks are high. >> president obama and governor romney. [ applause ] >> reporter: americans got their first chance to size up the candidates side by side. they've watched the incumbent for four years. barack obama came into office promising to lead a turnaround. but economy growth has been sluggish. still, he leads in a number of polls, but only just. >> the only way to meet governor romney's pledge of not reducing the deficit, or not adding to the deficit, is by burdening middle-class families. now, that's not my analysis. >> reporter: mitt romney has tried to make the case that his business experience prepares him to lead a recovery. but his support slipped after he was caught on video making dismissive re
KCSMMHZ
Sep 28, 2012 6:00am PDT
lack of independence to its position within the industry ministry of economy, tray, and industry, which was promoting atomic energy. the japanese government has given the nra a mandate to create an organization that will regulate power companies effectively and independently. for more on this story i spoke earlier to nhk world's hajime okada. what's different about the nuclear regulation authority? >> the nra is designed to be independent from the government, a stage that's defined by law. its members were appointed by the prime minister. also, some members include a former ambassador to the united nations and a seismologist as well as experts in the field of nuclear energy and radiation. >> will this be enough to guarantee the nra's independence? >> not really. the nra is now under the umbrella of the environment ministry. this means politicians and bureaucrats will still have influence because they control the agency's budget. and that issue is a composition of the nra's task. more than 80% of its employees come from previous regulatory bodies. to prevent conflicts of interest, the go
Search Results 0 to 5 of about 6